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Bankers committee earmarks N20bn to maintain national theatre

national theatre

Ogun – The Governor of  the Central Bank of Nigeria (CBN), Dr Godwin Emefiele said on Saturday that the Bankers Committee would spend N20 billion to carry out maintenance works at  the National  Art Theatre, Lagos Emefiele told newsmen at the end of the 11th session of the Bankers Committee meeting in Ogere, Ogun, that […]

National Arts Theatre: Why Concession is the way to go

More facts seem to be emerging concerning the recent controversy over the National Arts Theatre, Lagos. My findings reveal that while it is true that the CBN is championing a policy to support the creative industries via its Creative Industries Financing Scheme, and in furtherance of that, is working with the Bankers Committee to explore […]

National Theatre: CBN/Banker’s Committee’s agenda and role of BPE/ICRC in Concessions

When news broke recently that the Godwin Emefiele led Central Bank of Nigeria (CBN), in partnership with the Bankers Committee was going to give the National Theatre, Iganmu, a facelift, the announcement was greeted with a mixed grill of scepticism and optimism for the singular reason of the nuance of a seeming interference and not […]

Forex: Banks ordered to halt commission charges, harmonise FX rate at N360/$1

The Bankers committee of the Central Bank of Nigeria (CBN) has directed commercial banks operating in the country to stop commission charges from Nigerians on sales of Personal Travel Allowance (PTA), Basic travel Allowance (BTA), among others, as foreign exchange rate now hamonised at N360 to the US Dollar. The bankers committee, which includes all […]

Bankers Committee to support economic diversification with N25bn

That Bankers Committee said it has concluded arrangement to support federal government’s effort at diversifying the economy by introducing a new initiative that will fund agricultural business and Small and Medium Enterprises (SMEs), even as the Central Bank of Nigeria (CBN) reintroduced the cashless policy to other states of the federation. According to the committee, […]